tv Viewpoint With Eliot Spitzer Current April 24, 2012 8:00pm-9:00pm PDT
payroll tax, they are lying to you. those people do pay taxes. it's share. "young turks." go watch eliot spitzer with "viewpoint" next. ♪ [ theme music ] ♪ good evening, i'm eliot spitzer. this is "viewpoint." president obama and mitt romney fight for the youth vote. republican legislators want to suppress suppress voting rights. president obama dominated the youth vote in 2008 and he bid for it again today. the president told students at the university of north carolina that he and first lady michelle obama finally paid off their student loans eight years ago, and urged congress to extending the low student loan rates through 2012. >> five years ago congress cut
the rate on federal student loans in half. that was a good thing to do. but on july 1st, a little over two months from now, that rate cut expires. and in congress does nothing, the interest rates on those loans will double overnight. so stopping this from happening should be a no-brainer. >> obama's presumption gop rival said monday he too favored extending the rate cut but offered a different take. >> i think young voters in this country have to vote for me if they are really thinking about what is in the best interest of the country and what is in their interest. voters age 18 to 29 prefer mr. obama to mr. rommy. but fewer than half of the
registered voters say they do not plan to vote. so far 81,000 fewer florida ans have registered compared to this time four years ago. and there are republican primary primaries tonight, but nobody seems to care. it's a it's a pleasure to welcome back magazine" and author of a powerful opinion piece in today's "washington post," a vote for universal registration. katrina, who is trying to suppress the volt, and why? >> this should not be a partson issue, it would be a pro-democracy issue. >> i got to interrupt -- >> it shouldn't be. i began my column pointing out this should be a pro-democracy issue, but there is one party working to suppress the vote
and it is the republican party. and in legislatures around the country, 34 have passed bills that would make it tough for 5 million people -- eligible voters to vote. why? because the republicans look out at this country, see a country shifting in important democratic ways, and the population they are pushing hard to suppress are african-americans, latinos, and the elderly. >> there is a group called the american legislative exchange council -- >> alec. >> the sweet name alec but it is a group of corporate-funded conservative legislatures funded by the koch brothers, and by major corporations. and they have taken lobbying as a template. in florida you have the league
of women voters. a transpartisan group. rocked the vote have pulled out of that state because of limitations on early voting and the ability to register the groups i have suggested -- >> the new goods is in the past couple of weeks there has been a gas roots uprising against alec because the behavior has been revealed. but i want to dig down deeper how and what would these bills require? >> many leaders have said this is perhaps the most targeting assault on voting rights since jim crow. it's like the poll tax in some cases. people -- they demand vote of government inviter id. millions of americans do not have it and 11% of those who don't are poor african american the most vulnerable
constituencies. they argue without these photo ids, we're at risk of voter fraud. someone once said that you are more likely to be hit by lightning -- >> this is the issue i stumble over. when i was attorney general of new york after the 2000 florida debacle, we did a substantial investigation of what transpired here in new york. the process for voting was not perfect. but voter fraud hardly ever occurs. it's almost a de minimis issue. am i wrong about this? >> you are absolutely right. the great fraud is we have been told this is a problem. there are a series of simple reforms this country could take. 70 million people eligible voters are not voting. we preach democracy when we need
universal voter registration same day -- >> we suggested same day registration, because where it is implemented there is no fraud attached. where you have voting by mail you increase participation, why don't we do that? >> well there is an effort on the part of one party to keep people from voting. why? because they see in the new voters people who are not going to vote for them. but i would also point out something interesting, i wrote in the column if you look at the numbers, you see a new kind of inequality. households with income under $25,000 are less likely to vote -- >> and that has a political impact -- >> of course as you can -- so i think -- all i would say is i think prodemocracy people who care about the future of this
country should work hard for the reforms that would improve our -- michael walden said that universal voter registration could potentially be as important as the voting rights act of 1965. >> he is exactly right. there is a ravenous talk on the part of alec and others for this voter limb limblimb -- limitation -- >> they want deregulation in areas where it would benefit the very richest. but when it comes to the vulnerable people in this country, they hate government so much, they don't see it as a check on the power of corporations. so look at a mitt romney who is
now going out -- we're now seeing the romney pivot. the etch-a-sketch romney. we all knew it would come. we're going to witness, i think mitt romney walk into a trap. if he is coming out for cutting interest rates on student loans while his party is opposing that very move or violence against women act -- his party is opposing it. where is he going to stan. and the paycheck equal pay for women where is he going to stand -- >> he is creating a situation where there will be significant tension between his drive to the middle and the constructional stacis on the far right. last night i talked about student debt as the next tsunami. at a different level, though isn't there something a little
bit tawdry when a candidate goes in front of a group of students and said i'm going to keep your rates low. >> there is an elite consensus in this country which is one we can't afford. but president obama is at least talking about jobs. he has been consistent on talking about real opportunity, not mitt romney opportunity. >> right. >> and he is consistent about this fair share, fair shot but what he is proposing is not at the scale -- when you have state universities which need the support and investment, they are dying. >> a couple of things are converging. you have the interest rate on student debt and two, default rates increasing and 50% unemployment or underemployment of kids coming out of college.
all of this is a long-term crisis, and we haven't confronted the issue how do you pay for higher education lorj term. >> that's right. >> social security a report came out they will run out of funs in 2030. what is your response to that? and remember the group that pout this report is bipartisan. >> yeah -- we talked about it social security is not in crisis. it does not relate to our deficit. it is funded differently. with a few modest adjustments like lifting the cap so that the wealthier pay more -- >> i want to explain this you and i who -- for -- [ overlapping speakers ] >> they don't get taxed -- they don't contribute after that level. so if you lifted it it would benefit social security. >> and you could balance the
books -- >> yes, for decades out. social security is the best anti-poverty program we have. it is a measure of how effective government can be and it is one which with a few tweaks can be resolved and solved. medicare is an issue. the cost could be solved if we reign in the for-profit -- >> medicare we'll discuss another day. but i want to discuss social security. do you know what the average monthly paycheck is? >> it is very small -- >> about $1,100. >> it keeps people from tipping into poverty, especially women. i disagree that president obama is doing micro, i think he is continuing to speak in brood economic terms to women in this country. but we should be having a different conversation in this
country. we should talk about how he expand and strengthen social security and retirement security. this was an elite report. the elite believes you need to deal with social security as a crisis when in fact millions want this government to deal with jobs and the economy -- >> i don't fault the report. what i fault is the take away from it where the media starts screaming crisis whereas you point south the answers are easy and fair. lift the cap. social security is critical and easy to fix, and we should remove it from that fear mongering that drives the massive argument on the other side to cut the taxes and squeeze the anti-poverty program -- >> but you'll hear about it in this campaign in fear-mongering
magazine" and author of a powerful opinion piece in today's "washington post," a vote for universal registration, as always wonderful to have you here on this program. >> thank you. >> not so slick, the first charges brought in the if you have an opinion, you better back it up. >>eliot spitzer takes on politics. >>science and republicans do not mix. >>now it's your turn at the only online forum with a direct line to eliot spitzer. >>join the debate now. [ male announcer ] this is lawn ranger -- eden prairie, minnesota. in here, the landscaping business grows with snow. to keep big winter jobs on track at&t provided a mobile solution that lets everyone from field workers to accounting, initiate, bill and track work in real time. you can't live under a dome in minnesota that's why there's guys like me. [ male announcer ] it's a network of possibilities -- helping you do what you do... even better. ♪ ♪ [ female announcer ] e-trade was founded on the simple belief that bringing you better technology
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according to the justice department mix deleted ones of text messages. one day after the blowout mix told his supervisor that it ranged from quote: >> and he indicated that depreciation top kill wouldn't work because and i quote too much flow rate. bp estimates place the flow rate at only 5,000 barrels of oil a day. horizon," also the founder and editor over at "the daily hurricane." thank for your time tonight. >> great to be with you eliot. >> remind us -- explain to us again the import of the flow rate. what it means, and compare the numbers in these emails to what
bp was saying at the time. >> well i got to tell you, eliot this is probably the most explosive story we have had since the blowout itself. we now -- at least the fbi alleged that bp knew what the flow rate of the well was, and they knew it was far higher than what the public estimates were. the one you mentioned that if the flow rate was over 15 billion a day they knew the top kill wouldn't work. and they went through that procedure anyway. and the most important thing probably is liability and damages were determined by the number of barrels that the well flowed into the water. bp never actually measured the flow of the well during that three-month period. it was all by estimates. some of us believe they didn't measure it intentionally and
underestimated the flow of the well for months even for years. we now know it is much much higher than the flow they are saying. >> at that level the damages to be assessed now will be much greater, and this proves they knew it but it also reflects on what they did and didn't know at the time for them to have acted as they did, perhaps opens them up to all sorts of other charges in terms of negligence and misbehavior, does it not? >> it's very serious, eliot. the one thing that people probably don't remember on april 22nd, when the rig actually sank bp told the coast guard that the well had stopped flowing. that day before this engineer estimated the well could be flowing as much as 138,000 barrels of oil a day.
it seems if these allegations are true bp knew the information they were giving to the government coast guard, and the american people was false. >> it's certainly an enormous problem. i'll throw one on top of it which is the problems with the sec, because they were making public comments about the fact that the top kill as you alluded to earlier, could succeed, and even after they had been told that the flow was in success of 15,000 gallons per day -- or that's the rate. they were saying 60 to 70% top kill would succeed when they knew it couldn't succeed. so they have got all sorts of securities violations on top of this. and that has another huge financial impact on the company. >> it is a very very serious. that maximum rate of 15,000 barrels a day -- most of us in the industry knew it was flowing much greater than what they were
saying. now that we know that they knew -- or at least by these allegations that they knew and they were trying to keep the stock price up that is a serious, serious charge. >> we are now harking back. do you believe that bp is a different company in any way shape or form today? >> you know, on the outside, it -- all of the public appearance and the advertisements, they are trying to appear that they are different. but the problem with a company this large, is that you have to change the culture top down or shock the culture into changing. based on everything that i have seen in houston where i'm exposed to bp and what i see in the industry and their operations, even though they are trying to change it's very very difficult, and that probably hasn't been as much change as any of us would like to see. >> real quick.
do you believe a criminal case against the senior official would change the company more than any of the financial fined imposed so far? >> i think absolutely. when we talked last friday i told you i wasn't sure that charges would come and all of a sudden, boom. so i think now if there were criminal charges of a senior executive, then i think bp would have to face the music and change the culture. >> i hate to say it but i agree with you, the only thing that will change it criminal cases against the folks top. bob cavnar, author of "disaster on the horizon," also the fofofofofofofofofofofofofofofofofofofofofofofofofofofofofofo message created by a current tv viewer for eharmony.com >>(woman) don't wait for her to make the first move. >>(man) don't talk about your third or forth date.
♪ ut at himself. one of the things i love about the conservative wing of the supreme court is their self proclaimed ability to understand exactly what the founding fathers wanted. they manage to peer through the centuries and grasp the precise limits of the founding father's power even when it relates to things in technologies that didn't exist 200 years ago. clear, irrefutable and
infallible, their only problem is that ere now and then facts get in the way. john adams said facts are stubborn things. how often have you heard them and their allies claim it's never been done before and therefore, it would be unconstitutional? well, here is the fact as revealed in a new republic article and then here on the show last week by the professor that same john adams signed into law an individual mandate relating to health kash. it had almost exactly the same set of obligations as the current bill before the supreme court. and there were others one even mandated that every man buy a gun. so much for saying congress can't require us to participate in some form of commerce. so the originalists on the court arer refutably and complete wrong. but the issue goes way beyond
this one case. it reveals the flaw in the entire originalist argument. the conservative wing has imposed its own world view. when we actually found out what the founders did think, as here, it turns out they were settle jk pragmatic, avoided bars understood change was inevitable and therefore government would have to adpapt. they wanted the experimentation. here is the irony, true originally. does reflect the desires of the foubers, and those were that we be smart and [ male announcer ] this is corporate caterers miami, florida. in here, great food demands a great presentation. so at&t showed corporate caterers
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advil pm®. the difference is a better night's sleep. the buck stops here is phrase commonly used to significant anify taking responsibility. and it has been use famously by presidents, but it apparently did not make it across the pond. james murdoch was grilled for over two hours about his knowledge of the phone-hacking practices, and james knew exactly who was at fault. all of the people below him. >> i think it's self-evident that in hindsight in knowing what we know now, whatever controls were in place failed to create sufficient transparency around those issues. i wasn't in the business of
deciding what to put in the newspapers. so it was there, and i was given assurances by them that sometimes proved to be wrong. >> joining me now is yinka adegoke, media corespondent for reuters. thank you for being here. this is classic stone walling. does james murdoch survive this pretense he didn't know. >> he is basically going down the same road that he did last year which was -- as you said earlier, to say i didn't know what my direct reports were up to. does he survive? there are a lot of questions about that as to how much longer he can continue with this strategy of stone walling. there are lots of doubts that he will survive in the way that would have been hoped he would. i.e., to make over the company some day from his father. so he might survive but maybe not in the manner --
>> another dimension ruped today with new allegations of email evidence between a very close relationship of the news people and the camron's office. where they seemed to be bartering and saying hey we're going to do you some favors because you are the murdoches. >> this is what all of the british papers are going with tomorrow. their time. uk time. this -- i think, you know, no one is naive not to think they are always in politics. but these emails seem to reveal a closeness which bearing in mind these are meant to be newspapers that are meant to keep a check -- >> right. >> here they are completely in cahoots. >> yeah, and the minister who was put in charge to make
judgments here he is going back and forth as though they are on the same team. >> absolutely. there is 163 pages put out today. you have got to sense really that news corp was on [ inaudible ] assault strategy. >> uh-huh. >> if we're going to go down you know, you are going to go down with us. so it's really a -- it looks very bad for the government certainly looks bad for mr. jamie hunt. >> and cameron came out in support of his minister this evening, but it looks like the minister was a wholly owned subsidy of the murdoches. they certainly owned the minister who would make the judgment. >> absolutely. as someone else put it to me today. if you think about a judge in a court in any country, if you thought a judge could -- if you saw these kind of emails and
description of conversations between a judge and someone they were meant to rule over -- >> the judge would be recused and there would be criminal investigations. >> absolutely. >> rupert testifies tomorrow. the heavens will decent on him about his relationships with cameron, i presume. >> it will. but rupert's unpredictable quantity. i think he'll be very aggressive and stan up for himself and not for the company. >> okay. we have ten seconds. against the backdrop of wal-mart does news corp have a problem? >> it's not quite clear yet. the fbi has looked at this but they have not started a full inquiry. >>